The Insolvency and Bankruptcy Board of India (IBBI) has constituted a Working Group for recommending the strategy and approach for implementation of the provisions of the Insolvency and Bankruptcy Code (IBC), 2016 to deal with insolvency and bankruptcy in respect of (i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and drafting related Rules and Regulations.

(i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and drafting related Rules and Regulations.

2. The Working Group shall comprise as under:

Sr. No.

Name and Designation

Position in the Working Group

1

Mr. Amarjeet Singh Chandiok, President, INSOL India

Chairperson

2

Mr. Sandip Ghose, Director, NISM

Member

3

Ms. Bindu Ananth, Chairperson, IFMR

Member

4

Mr. Sumant Batra, President, SIPI

Member

5

Mr. Jiji Mammen, CEO, MUDRA

Member

6

Mr. Sankar Chakraborti, CEO, SMERA

Member

7

Mr. Anil Bhardwaj, Secretary General, FISME

Member

8

Mr. Mukesh Mohan Gupta, President, CIMSME

Member

9

Mr. Alok Dhir, IRR Insolvency Professionals Private Ltd.

Member

10

Mr. Anil Goel, AAA Insolvency Professionals LLP

Member

11

Ms. Alka Kapoor, CEO, ICSI IPA

Member

12

Mr. J. K. Budhiraja, IPA of ICAI (Cost)

Member

13

Mr. V. Sagar, CEO, IIIP of ICAI

Member

14

A Representative of Ministry of Corporate Affairs

Member

15

Ms. Ranjeeta Dubey, DGM, IBBI

Member Secretary

3. The Working Group shall submit its report along with recommendations and draft Rules and Regulations.